Lihua International, Inc. (LIWA) Tops Q3 EPS by 3c, Offers FY11 Growth Profit Guidance
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Lihua International, Inc. (NASDAQ: LIWA) reported Q3 EPS of $0.43, $0.03 better than the analyst estimate of $0.40. Revenue for the quarter came in at $155.6 million versus the consensus estimate of $136.4 million.
The Company now expects full-year 2011 gross profit to be between $76.0 million and $78.0 million, and non-GAAP net income between $49.0 million and $51.0 million, representing year-over-year growth of 22.4%-25.6% and 22.3%-27.3%
The Company now expects full-year 2011 gross profit to be between $76.0 million and $78.0 million, and non-GAAP net income between $49.0 million and $51.0 million, representing year-over-year growth of 22.4%-25.6% and 22.3%-27.3%
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